Empower Lifetime 2040 Fund
Name
As of 12/11/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
14.2%
1 yr return
18.6%
3 Yr Avg Return
1.8%
5 Yr Avg Return
6.7%
Net Assets
$418 M
Holdings in Top 10
67.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.01%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 24.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/11/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
MXBEX - Profile
Distributions
- YTD Total Return 14.2%
- 3 Yr Annualized Total Return 1.8%
- 5 Yr Annualized Total Return 6.7%
- Capital Gain Distribution Frequency Semi-Monthly
- Net Income Ratio 2.66%
- Dividend Yield 0.0%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameEmpower Lifetime 2040 Fund
-
Fund Family NameGreat-West Funds
-
Inception DateApr 28, 2016
-
Shares OutstandingN/A
-
Share ClassS
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAndrew Corwin
Fund Description
MXBEX - Performance
Return Ranking - Trailing
Period | MXBEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 14.2% | 11.7% | 25.5% | 96.79% |
1 Yr | 18.6% | 15.5% | 26.1% | 96.26% |
3 Yr | 1.8%* | -0.5% | 7.3% | 96.24% |
5 Yr | 6.7%* | 5.9% | 10.9% | 95.76% |
10 Yr | N/A* | 5.7% | 9.7% | N/A |
* Annualized
Return Ranking - Calendar
Period | MXBEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 9.8% | 9.0% | 18.3% | 95.70% |
2022 | -24.2% | -60.3% | -15.8% | 62.37% |
2021 | 4.6% | -6.3% | 17.5% | 68.36% |
2020 | 6.6% | 3.3% | 14.9% | 94.55% |
2019 | N/A | 6.0% | 22.6% | 66.88% |
Total Return Ranking - Trailing
Period | MXBEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 14.2% | 11.7% | 25.5% | 96.79% |
1 Yr | 18.6% | 15.5% | 26.1% | 96.26% |
3 Yr | 1.8%* | -0.5% | 7.3% | 96.24% |
5 Yr | 6.7%* | 5.9% | 10.9% | 95.76% |
10 Yr | N/A* | 5.7% | 9.7% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | MXBEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 15.6% | 11.9% | 37.9% | 90.86% |
2022 | -16.4% | -29.4% | -2.8% | 37.10% |
2021 | 8.4% | 8.3% | 22.1% | 98.87% |
2020 | 13.5% | 8.2% | 22.1% | 81.21% |
2019 | N/A | 19.6% | 40.1% | 63.75% |
NAV & Total Return History
MXBEX - Holdings
Concentration Analysis
MXBEX | Category Low | Category High | MXBEX % Rank | |
---|---|---|---|---|
Net Assets | 418 M | 7.86 M | 82.6 B | 63.64% |
Number of Holdings | 27 | 3 | 590 | 26.74% |
Net Assets in Top 10 | 392 M | 7.3 M | 93.1 B | 62.03% |
Weighting of Top 10 | 67.67% | 41.1% | 139.0% | 82.16% |
Top 10 Holdings
- SP 500 INDEX FUND-INST 13.85%
- INTERNATIONAL INDEX FUND-INST 9.82%
- LARGE CAP VALUE-INST 7.17%
- MULTI-MAN LRG CAP GROWTH-INST 6.59%
- BOND INDEX FUND-INST 6.32%
- SP MID CAP 400 IND FUND-INST 5.88%
- MFS INTL VALUE FUND-INST 5.18%
- MFS INTL GROWTH FUND-INST 4.60%
- FIDELITY EMRG MKT 4.14%
- EM EQUITY FUND INST CL 4.12%
Asset Allocation
Weighting | Return Low | Return High | MXBEX % Rank | |
---|---|---|---|---|
Stocks | 97.79% | 0.00% | 100.10% | 68.45% |
Bonds | 2.24% | 0.00% | 16.22% | 9.09% |
Convertible Bonds | 0.56% | 0.00% | 0.98% | 3.21% |
Preferred Stocks | 0.00% | 0.00% | 0.03% | 31.02% |
Other | 0.00% | -0.02% | 3.30% | 39.57% |
Cash | 0.00% | 0.00% | 40.33% | 90.91% |
Stock Sector Breakdown
Weighting | Return Low | Return High | MXBEX % Rank | |
---|---|---|---|---|
Technology | 17.18% | 13.94% | 24.03% | 92.51% |
Financial Services | 15.27% | 13.11% | 18.83% | 41.71% |
Healthcare | 12.02% | 10.75% | 14.53% | 77.01% |
Industrials | 11.97% | 9.02% | 12.29% | 7.49% |
Consumer Cyclical | 11.32% | 8.05% | 13.32% | 42.78% |
Real Estate | 8.72% | 1.87% | 10.11% | 12.30% |
Communication Services | 6.92% | 5.69% | 10.24% | 65.78% |
Consumer Defense | 6.60% | 4.68% | 11.06% | 59.89% |
Basic Materials | 4.73% | 3.14% | 6.86% | 55.08% |
Energy | 2.85% | 2.33% | 6.31% | 93.05% |
Utilities | 2.41% | 1.90% | 8.13% | 78.61% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | MXBEX % Rank | |
---|---|---|---|---|
US | 97.79% | 0.00% | 100.10% | 68.45% |
Non US | 0.00% | 0.00% | 31.64% | 37.43% |
Bond Sector Breakdown
Weighting | Return Low | Return High | MXBEX % Rank | |
---|---|---|---|---|
Corporate | 39.91% | 4.05% | 50.07% | 3.21% |
Government | 32.59% | 13.41% | 62.05% | 65.78% |
Securitized | 23.90% | 0.00% | 36.42% | 17.65% |
Municipal | 0.40% | 0.00% | 4.64% | 26.20% |
Derivative | 0.00% | -0.02% | 0.81% | 33.69% |
Cash & Equivalents | 0.00% | 0.00% | 49.63% | 66.31% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | MXBEX % Rank | |
---|---|---|---|---|
US | 2.24% | 0.00% | 15.24% | 9.09% |
Non US | 0.00% | 0.00% | 1.18% | 31.55% |
MXBEX - Expenses
Operational Fees
MXBEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.01% | 0.01% | 6.94% | 33.69% |
Management Fee | 0.12% | 0.00% | 0.86% | 40.22% |
12b-1 Fee | 0.10% | 0.00% | 1.00% | 13.98% |
Administrative Fee | N/A | 0.01% | 0.29% | 91.94% |
Sales Fees
MXBEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
MXBEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | N/A | N/A | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
MXBEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 24.00% | 2.00% | 112.00% | 56.21% |
MXBEX - Distributions
Dividend Yield Analysis
MXBEX | Category Low | Category High | MXBEX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 8.83% | 90.37% |
Dividend Distribution Analysis
MXBEX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | SemiAnnual | Annual | Quarterly | SemiAnnual |
Net Income Ratio Analysis
MXBEX | Category Low | Category High | MXBEX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.66% | -0.21% | 4.18% | 4.40% |
Capital Gain Distribution Analysis
MXBEX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Monthly | Annually | Semi-Annually | Semi-Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Sep 10, 2024 | $0.369 | CapitalGainLongTerm |
Dec 28, 2023 | $0.151 | OrdinaryDividend |
Dec 28, 2023 | $0.068 | CapitalGainLongTerm |
Sep 08, 2023 | $0.004 | OrdinaryDividend |
Sep 08, 2023 | $0.250 | CapitalGainLongTerm |
Jun 27, 2023 | $0.058 | OrdinaryDividend |
Dec 29, 2022 | $0.105 | OrdinaryDividend |
Dec 29, 2022 | $0.163 | CapitalGainLongTerm |
Sep 08, 2022 | $0.004 | OrdinaryDividend |
Sep 08, 2022 | $0.664 | CapitalGainLongTerm |
Jun 27, 2022 | $0.041 | OrdinaryDividend |
Sep 07, 2021 | $0.001 | OrdinaryDividend |
Sep 07, 2021 | $0.457 | CapitalGainLongTerm |
Jun 25, 2021 | $0.025 | OrdinaryDividend |
Dec 30, 2020 | $0.128 | OrdinaryDividend |
Dec 30, 2020 | $0.171 | CapitalGainLongTerm |
Sep 08, 2020 | $0.003 | OrdinaryDividend |
Sep 08, 2020 | $0.372 | CapitalGainLongTerm |
Jun 26, 2020 | $0.040 | OrdinaryDividend |
Dec 30, 2019 | $0.072 | CapitalGainLongTerm |
Dec 30, 2019 | $0.139 | OrdinaryDividend |
Sep 10, 2019 | $0.743 | CapitalGainLongTerm |
Jun 26, 2019 | $0.050 | OrdinaryDividend |
Dec 28, 2018 | $0.200 | OrdinaryDividend |
Dec 28, 2018 | $0.220 | CapitalGainLongTerm |
Sep 11, 2018 | $0.056 | ExtraDividend |
Sep 11, 2018 | $0.244 | CapitalGainLongTerm |
Jun 27, 2018 | $0.047 | OrdinaryDividend |
Dec 28, 2017 | $0.394 | OrdinaryDividend |
Dec 28, 2017 | $0.179 | CapitalGainLongTerm |
MXBEX - Fund Manager Analysis
Managers
Andrew Corwin
Start Date
Tenure
Tenure Rank
Apr 28, 2016
6.09
6.1%
Andrew Corwin, CFA, Portfolio Manager, has managed since 2014. Andrew Corwin, Assistant Portfolio Manager, has joined Great-West Capital Management, LLC since 2011. Mr. Corwin was previously an Investment Analyst and Investment Consultant at Strategies, LLC 2009-2011. Mr. Corwin received a B.S. in business administration with an emphasis in finance as well as a minor in mathematics from the University of Colorado.
Maria Mendelsberg
Start Date
Tenure
Tenure Rank
Apr 30, 2018
4.09
4.1%
Maria Mendelsberg, CFA, Portfolio Manager, has managed the Funds since 2018. In addition to the Funds, Ms. Mendelsberg manages the Great-West Profile Funds, Great-West Conservative Lifetime Funds, and Great-West SecureFoundation Funds. Ms. Mendelsberg was previously a Partner and Investment Principal/Equity Analyst at Cambiar Investors from 1997-2016. Ms. Mendelsberg received a B.A. in Economics and Classics from Brown University.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 17.59 | 5.77 | 2.41 |